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Public Profile
Petroleum Electricity
RU
updated 5 days ago

Lukoil

Company website

Lukoil, officially known as Lukoil Oil Company, is a prominent player in the global energy sector, headquartered in Russia. Founded in 1991, the company has rapidly evolved into one of the largest oil and gas producers in the world, with significant operations across Europe, the Middle East, and Africa. Lukoil's core business areas encompass exploration, production, refining, and distribution of oil and gas, alongside petrochemical manufacturing. The company is renowned for its commitment to innovation and sustainability, offering high-quality fuels and lubricants that meet stringent environmental standards. With a strong market position, Lukoil has achieved notable milestones, including extensive investments in technology and infrastructure, solidifying its reputation as a leader in the energy industry.

DitchCarbon Score

How does Lukoil's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

25

Industry Average

Mean score of companies in the Petroleum Electricity industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

10

Industry Benchmark

Lukoil's score of 25 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.

61%

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Lukoil's reported carbon emissions

In 2023, Lukoil reported total carbon emissions of approximately 36,898,000,000 kg CO2e for Scope 1 and about 4,921,000,000 kg CO2e for Scope 2, resulting in combined emissions of around 41,818,000,000 kg CO2e. This marks a reduction from 2022, where emissions were approximately 41,202,000,000 kg CO2e for Scope 1 and 5,685,000,000 kg CO2e for Scope 2, totalling about 46,887,000,000 kg CO2e. Lukoil has set a target to reduce its controlled greenhouse gas emissions (Scope 1 and Scope 2) by 20% compared to 2017 levels, with a deadline of 2024. This commitment reflects the company's strategy to enhance its sustainability practices and mitigate climate impact. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Overall, Lukoil's emissions data and reduction targets demonstrate a commitment to addressing climate change while navigating the complexities of the energy sector.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201720192020202120222023
Scope 1
40,448,000,000
0,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
Scope 2
10,450,000,000
00,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 3
-
-
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Lukoil's primary industry is Electricity by petroleum and other oil derivatives, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Lukoil is in RU, which has a medium grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Lukoil is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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